Short Range Outlook : April 2020
Predictions for global longs market very difficult amid unprecedented virus impact It has become extremely difficult to predict the supply and demand situation in the global long steel products market. The impact of the Covid-19 coronavirus pandemic on overall economic situations or conditions in countries and regions will be at different levels, which might change the dynamics of steel demand and production separately. Regionalization of markets... Read More
IREPAS in Belgrade: Longs market outlook unclear amid coronavirus threat
The 82nd meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Belgrade, Serbia on March 1-3, 2020 in conjunction with the SteelOrbis Spring ’20 Conference. Unfortunately, the coronavirus outbreak had a negative impact on our 82nd meeting in Belgrade. After the news about the coronavirus cases observed in Italy by late February, many participants due to attend the 82nd IREPAS meeting decided not to travel to... Read More
Short Range Outlook : February 2020
Surplus supply and inadequate demand in global longs market There is still a surplus of supply and not enough demand in the global long steel products market. The profitability and margins of steel producers vary greatly between regions amid several factors such as the coronavirus outbreak and/or geopolitical issues like recent announcements relating to Israel/Palestine and Libya creating uncertainties for the future. Full impact of coronavirus in... Read More